The total income rose to Rs 2,610.69 crore in the quarter from Rs 2,279.45 crore in the same period a year ago New Delhi: State-owned hydropower giant NHPC reported a 50 per cent rise in its consolidated net profit to Rs 961.64 crore for the December quarter. Its consolidated net profit was Rs 639.13 crore […]
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Hydropower company NHPC designates Rajendra Prasad Goyal as Chief Financial Officer
Prior to taking over charge as Director (Finance), he was working as Chief General Manager (Finance). Goyal started his career in NHPC as Senior Accountant in 1988. NEW DELHI: State-owned hydropower giant NHPC on Tuesday said its Director (Finance) Rajendra Prasad Goyal has been designated as its chief financial officer (CFO) with effect from October […]
EGEB: The world’s most widely used green energy? Hydropower
Hydropower leads UK-based industrial technology and products company RS Components has analyzed data from the US Energy Information Administration to reveal the most popular green energy sources in every country in the world, as well as the countries that produce the most of each type of renewable energy. Hydropower is the most-favored option by a […]
‘Tesla of Thailand’ mulls hydropower plants to balance EV risks
Generation of electricity may need to be expanded as more and more EVs hit the roads and harnessing renewable sources even more may be the way forward. Energy Absolute Pcl took a detour from developing solar and wind farms to lead Thailand’s biggest electric-vehicle venture. While it’s still betting that EVs have the biggest growth […]
European Hydropower Lags as Hydrogen and Batteries Soar
Europe has a huge base of hydropower plants and deep expertise. Why doesn’t the technology factor more heavily in the EU’s decarbonization plans? It’s the oldest and the biggest of all the clean energy technologies, but hydro has an uncertain role in Europe’s decarbonization plans. Over the past five years, Europe’s base of conventional hydropower […]
Hydropower besides, Bhutan looks at renewable energy
Bhutan is energy-rich, but ironically, the country also imports energy, especially in winters when the country’s river systems ooze less water. And there are studies that recommend Bhutan to look beyond hydropower. The new reality is Covid-19. What is new is this: a pilot project to install solar power plant is part of Covid-19 response […]
ANDRITZ bags over Euro 50 million equipment contract for J&K hydro power project
The 624 Megawatt project is located on the Chenab river in Kishtwar district. New Delhi: Austria-based technology company ANDRITZ today announced it has bagged a contract worth over Euro 50 million from Chenab Valley Power Projects for supplying the complete electro-mechanical equipment for the run-of-the-river Kiru hydropower plant in Jammu & kashmir. The 624 Megawatt […]
Union Government proposes electricity purchase from hydro-power mandatory for states
Fifth April 2020 saw a huge success for the power sector of India as the country went into a shutdown for 9-mins and POSOCO managed to maintain the stability of the grid and recovered from the sudden changes into the grid. Recently the country enthusiastically participated in the 9 min shut down at 9 […]
Power demand growing despite last month’s slump
Despite the ongoing economic slowdown, the power ministry claims that India’s electricity demand has been growing though it fell last month. It said rising renewable and hydropower generation led to lower use of thermal plants. CEA data showed tha… New Delhi: India’s electricity demand has been growing although it fell last month because of excessive […]
Which energy storage technology is going to power Australia’s future?
Recent events in Australia indicate a growing appetite for renewable energy and energy storage in the energy sector. Pumped hydro, thermal energy storage, hydrogen—which form of storage will reign supreme Down Under? New regulations and a growing share of renewables are changing the way the electricity market operates in Australia, opening up a playground for […]